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SpaceX Supplier Tumbles After First Earnings Report Since IPO

SpaceX Supplier Tumbles After First Earnings Report Since IPO

investors.com 13.08.2026 15:35 28 baxış

The recently public SpaceX supplier Applied Aerospace & Defense (AADX) tanked 7% its first earnings report since its June IPO. The stock fell solidly after a surprise loss. Wednesday's drop sent shares tumbling back below their IPO price of $20 a share.

Shares recovered slightly Thursday morning by advancing about 2%. Applied Aerospace made a name for itself selling complex…

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